“No fences make bad neighbors” but markets make better ones: cap-and-trade reduces cross-border SO2 in a natural experiment
(2023)
Journal Article
Leppert, D. (2023). “No fences make bad neighbors” but markets make better ones: cap-and-trade reduces cross-border SO2 in a natural experiment. Environmental Economics and Policy Studies, 25, 407–433. https://doi.org/10.1007/s10018-023-00367-z
The clean air interstate rule (CAIR) was a regional cap-and-trade program announced in 2005 which covered 27 eastern US states and sought to reduce sulfur dioxide emissions from coal-fired power plants. The rule was later vacated after a court found... Read More about “No fences make bad neighbors” but markets make better ones: cap-and-trade reduces cross-border SO2 in a natural experiment.